http://lunchboxfunnies.com/2007/02/04/silent-kimbly-breaks-out-of-the-single-panel/
Atlanta-based and Charlotteville, Va.-basedd reported their plans for the property at 222Mitchell Street, but they did not disclose financialk terms of the deal. The 350,000-square-foor structure was built in stages from 1929 to 1979on 2.1 acres and occupies the entire city block boundexd by Spring, Forsyth, Mitchell and Nelsojn Streets. Orinda and Octagon will convert the propertu into a rental building with 205 loft units and morethan 70,000 square feet of commercial Occupancy is expected in January 2011.
“Th redevelopment of 222 Mitchell Street into rentakl lofts and retail space will play a significant role in the rebirthn of this part ofdowntowb Atlanta,” said Dillon Baynes, president of in a statement. “We’re certain that livin g at 222 Mitchell Street will appeal to young professionalw whowork downtown, as well as to colleg students, especially those who already attendx one of the many fine institutionds in the area, such as Georgia State University, Spelman, Clark Atlanta University and Georgia Tech.
”
Monday, August 8, 2011
Saturday, August 6, 2011
Former GM, Chrysler dealerships shift from selling cars to selling lots - Puget Sound Business Journal (Seattle):
http://karatelifestudios.com/summercamp.html
“You have got to be a realisr and you have to move said Burgunder, owner of the dealershipp in Bridgeville that Chrysler announced as one among 12 in the regiomn and 789 nationwide it plans to eliminatse as part of its Chaptert 11 bankruptcy consolidation. “When one door closes, another opens.” Within only a few Burgunder’s decision to shut down has already resultedf in a sales agreement forthe dealership’s property, a nearly four-acrse parcel with a 25,000-square-foot building just off Interstatde 79 in the fast-growing southern He declined to disclose the buyer or the price.
In the wake of the painfu l restructuring of Chryslerand GM, two of America’a big-three automakers, the echo of car doors closing may be followecd by an historic sell-ofd of car dealer properties at a time when commerciap real estate already is in the midst of a difficult Along with Burgunder and 11 other area Chrysler dealers deciding what to do with their dealerships options include selling used cars or closing up shop another wave of closing dealers will soon folloa as negotiates its own Chapter 11 During a June 12 hearing beforr the House Energy and Commerce Committee’s subcommittee on oversightt and investigations, GM revealed it plana to eliminate 90 of its dealers in Pennsylvanis over the next 12 to 17 months.
Whilde those dealerships have yet to be made known they will gradually be revealec and added to the alread closed car dealerships that dot the commercialp real estate map in the Pittsburgh area and elsewhers as partof GM’s strategu to consolidate from more than 6,000 dealerxs to 3,380. “It goes without saying that havinh a glut of properties on the market coulxd not come at a worsr time in ourdevelopmenf history,” said Herky Pollock, the national director of the retailet service group for “I see it as futur e opportunity with challenging existing conditions.” It’s not like there aren’tg already closed car dealerships.
Along heavilyh travelled McKnight Road, for example, the former McCrackin Ford property remains emptyg and available two year s after bought it for anew store, a projecrt long stalled. In the city, has been advertisint it will close down its Baum boulevardDodges operation, which also didn’t make Chrysler’s cut. That’s just a few blockse down the street from the former Don Allen Auto which the Voelker familty closed last year with plane to pursue a major redevelopment projecgt of morethan 750,000-square-feet of retail space and residential units.
While the Voelker’s development partner, DOC-Economou, walked away from the project a fewmonthss ago, sources familiar with the project, who spoke anonymously due to the sensitivitt of the negotiations, indicate that South Side-based is considerin the project. Richard Voelker wouldn’t comment on any projectr or development partner and said to expect anAugusrt announcement. Armstrong did not return calls for Boughtor blight? Jeff Stephan, a commerciakl real estate broker for Coldwell has been attempting to sell the former Nortyh Star Ford dealership in Carnegie after it moved to Moon taking over the location of a dealeer who retired there.
Despite working with a strong locationh just offParkway West, he said selling the propertu has been a challenge for a dealershil that has now been closed for two “We had this property under option for eighrt months and then tried to attracty users for new retail and couldn’t do it,” he said of the marketinhg effort last year, when largew retailers were beginning to cut back their expansion Doug German, the retail manager for Downtown-based Howard Hannsa Commercial, expects to see car dealerships in highlt desirable locations sell quickly while others may not sell at all.
He’sa involved with three dealership propertiesfor “There are some dealers out there with some great Those will go,” he The others? “They could be a blight on their communitiess for some time,” he said.
“You have got to be a realisr and you have to move said Burgunder, owner of the dealershipp in Bridgeville that Chrysler announced as one among 12 in the regiomn and 789 nationwide it plans to eliminatse as part of its Chaptert 11 bankruptcy consolidation. “When one door closes, another opens.” Within only a few Burgunder’s decision to shut down has already resultedf in a sales agreement forthe dealership’s property, a nearly four-acrse parcel with a 25,000-square-foot building just off Interstatde 79 in the fast-growing southern He declined to disclose the buyer or the price.
In the wake of the painfu l restructuring of Chryslerand GM, two of America’a big-three automakers, the echo of car doors closing may be followecd by an historic sell-ofd of car dealer properties at a time when commerciap real estate already is in the midst of a difficult Along with Burgunder and 11 other area Chrysler dealers deciding what to do with their dealerships options include selling used cars or closing up shop another wave of closing dealers will soon folloa as negotiates its own Chapter 11 During a June 12 hearing beforr the House Energy and Commerce Committee’s subcommittee on oversightt and investigations, GM revealed it plana to eliminate 90 of its dealers in Pennsylvanis over the next 12 to 17 months.
Whilde those dealerships have yet to be made known they will gradually be revealec and added to the alread closed car dealerships that dot the commercialp real estate map in the Pittsburgh area and elsewhers as partof GM’s strategu to consolidate from more than 6,000 dealerxs to 3,380. “It goes without saying that havinh a glut of properties on the market coulxd not come at a worsr time in ourdevelopmenf history,” said Herky Pollock, the national director of the retailet service group for “I see it as futur e opportunity with challenging existing conditions.” It’s not like there aren’tg already closed car dealerships.
Along heavilyh travelled McKnight Road, for example, the former McCrackin Ford property remains emptyg and available two year s after bought it for anew store, a projecrt long stalled. In the city, has been advertisint it will close down its Baum boulevardDodges operation, which also didn’t make Chrysler’s cut. That’s just a few blockse down the street from the former Don Allen Auto which the Voelker familty closed last year with plane to pursue a major redevelopment projecgt of morethan 750,000-square-feet of retail space and residential units.
While the Voelker’s development partner, DOC-Economou, walked away from the project a fewmonthss ago, sources familiar with the project, who spoke anonymously due to the sensitivitt of the negotiations, indicate that South Side-based is considerin the project. Richard Voelker wouldn’t comment on any projectr or development partner and said to expect anAugusrt announcement. Armstrong did not return calls for Boughtor blight? Jeff Stephan, a commerciakl real estate broker for Coldwell has been attempting to sell the former Nortyh Star Ford dealership in Carnegie after it moved to Moon taking over the location of a dealeer who retired there.
Despite working with a strong locationh just offParkway West, he said selling the propertu has been a challenge for a dealershil that has now been closed for two “We had this property under option for eighrt months and then tried to attracty users for new retail and couldn’t do it,” he said of the marketinhg effort last year, when largew retailers were beginning to cut back their expansion Doug German, the retail manager for Downtown-based Howard Hannsa Commercial, expects to see car dealerships in highlt desirable locations sell quickly while others may not sell at all.
He’sa involved with three dealership propertiesfor “There are some dealers out there with some great Those will go,” he The others? “They could be a blight on their communitiess for some time,” he said.
Tuesday, July 26, 2011
Private investor buys 21 units at Marina Blue - South Florida Business Journal:
http://sahpac.com/carpet-cleaning-salt-lake-city-provo-and-ogden.html
Miami Beach-based 21 Marina Blue LLC, whichn Mattos heads, closed the deal on June 23. Mattods paid a blended price of $196 a squaree foot for the package, whichy included mostly two-bedroom units and a penthousew apartment, according to Condo Vultures Realty. The Marina Blue condominiuj tower is at Northeast Eighth Streetr andBiscayne Boulevard, in downtowjn Miami. Jorge Mattos is a business partner ofCarlosd Mattos, who paid a little more than $6 million for 31 unitss at 1060 Brickell Ave., in Miami’s financial on .
By 2010, downtow Miami will have 23,000 residential Despite the volume and the great number ofunsolxd units, only a trickle of bulk deals have closecd in the last year – much fewed than expected as the real estatre meltdown took hold. Peterf Zalewksi, principal of Bal Harbour-based brokerage Condo Vultures Realty, said locakl players have dominated bulk buys in downtow Miami so far because they know the marketf and are more willing to take the risk in this Last summer, Related Group CEO Jorge Perez and privatew equity group paid $36.4 million, or $246 a square for 146 units in Related’s 50 Biscaynes in downtown Miami. A Singer Island-based entity, Welcomse Bay Inc.
, paid $13 or $200 a square in December for 60 unitsw in theMarina Blue, which is locatedr across the street from the . Zalewskj is said to have been involved in the brokerage ofthe
Miami Beach-based 21 Marina Blue LLC, whichn Mattos heads, closed the deal on June 23. Mattods paid a blended price of $196 a squaree foot for the package, whichy included mostly two-bedroom units and a penthousew apartment, according to Condo Vultures Realty. The Marina Blue condominiuj tower is at Northeast Eighth Streetr andBiscayne Boulevard, in downtowjn Miami. Jorge Mattos is a business partner ofCarlosd Mattos, who paid a little more than $6 million for 31 unitss at 1060 Brickell Ave., in Miami’s financial on .
By 2010, downtow Miami will have 23,000 residential Despite the volume and the great number ofunsolxd units, only a trickle of bulk deals have closecd in the last year – much fewed than expected as the real estatre meltdown took hold. Peterf Zalewksi, principal of Bal Harbour-based brokerage Condo Vultures Realty, said locakl players have dominated bulk buys in downtow Miami so far because they know the marketf and are more willing to take the risk in this Last summer, Related Group CEO Jorge Perez and privatew equity group paid $36.4 million, or $246 a square for 146 units in Related’s 50 Biscaynes in downtown Miami. A Singer Island-based entity, Welcomse Bay Inc.
, paid $13 or $200 a square in December for 60 unitsw in theMarina Blue, which is locatedr across the street from the . Zalewskj is said to have been involved in the brokerage ofthe
Sunday, July 24, 2011
Sloan resigns from BofA board - Wichita Business Journal:
batyushkinuxit.blogspot.com
Sloan offered his resignation to new boar chairman Walter Masseylast week, the bank said in a May 29 regulatoryt filing. BofA didn’t disclose Sloan’s reason for resigning. As the lead independentf director, Sloan has been undetr intense criticism in recent months as the bank sufferer through a sharp stock price decline afterd acquiring MerrillLynch Co. BofA also has received $45 billion of taxpayer aid. , a Houston-based investment firm that holds 1.1 million BofA shares, was among several groups that wagedf a proxy againstthe country’s largest bank holdin company, including calling for Sloan’s ouster.
Sloan was narrowly re-electes to the bank’s board at the annuaol meetingin April. Meanwhile, shareholders voted to strip BofA Chievf Executive Kenneth Lewis ofthe bank’s and Massey was elected to take over board leadership. Lewisd remains the bank’s CEO and Sloan, 70, served as a BofA directo r for13 years. During his tenure, Sloan served as chairmanb of both the executivd committee and the compensation andbenefitsw committee. He also was a member of the corporate governance committee. “Temple has been a trusted adviser who has made an invaluabler contribution to the success of our Lewis said ina statement.
“We will miss his counsel and his BofA (NYSE: BAC) is based in N.C.
Sloan offered his resignation to new boar chairman Walter Masseylast week, the bank said in a May 29 regulatoryt filing. BofA didn’t disclose Sloan’s reason for resigning. As the lead independentf director, Sloan has been undetr intense criticism in recent months as the bank sufferer through a sharp stock price decline afterd acquiring MerrillLynch Co. BofA also has received $45 billion of taxpayer aid. , a Houston-based investment firm that holds 1.1 million BofA shares, was among several groups that wagedf a proxy againstthe country’s largest bank holdin company, including calling for Sloan’s ouster.
Sloan was narrowly re-electes to the bank’s board at the annuaol meetingin April. Meanwhile, shareholders voted to strip BofA Chievf Executive Kenneth Lewis ofthe bank’s and Massey was elected to take over board leadership. Lewisd remains the bank’s CEO and Sloan, 70, served as a BofA directo r for13 years. During his tenure, Sloan served as chairmanb of both the executivd committee and the compensation andbenefitsw committee. He also was a member of the corporate governance committee. “Temple has been a trusted adviser who has made an invaluabler contribution to the success of our Lewis said ina statement.
“We will miss his counsel and his BofA (NYSE: BAC) is based in N.C.
Thursday, July 21, 2011
Bone leery: Boomers putting off orthopedic treatment - Boston Business Journal:
edovogopu.wordpress.com
Dr. Scott Oliver, an orthopedic surgeon at Jordan Hospital in Plymouth, said his department had four orthopedic surgeriez canceled just last week. He said one patienrt who cancelled ownsan air-conditioning businessz and was afraid to miss Another patient, who did have surgery, was told she riskefd losing her job if she didn’t return withi n six weeks, which was shorter than the recommendex recovery period.
Oliver reports that his overall volumwe is down 20 and other surgeons say they are hearing ofsimilae drops, especially at smaller According to Massachusetts Hospitaol Association numbers, 59 percent of hospitals are reportinb a decline in elective surgerg for the quarter ending March 31. The MHA did not breakl out numbers fororthopedic “There is definitely a palpable increase in concern over missing work and possibly losing a job,” said Dr. Daniep Snyder, an orthopedic surgeon at . Traditiona knee replacements can require long recovery periods of six to12 “We try to accommodate different work schedules.
Landscapers want to do it in the slow accountants want to schedule the surgery for aftetax day,” he said. The pressure comes as the numbe rof younger, working orthopedic surgery patientz is increasing. For instance, a study in the journal Publixc Health Reports found that the number of knee replacementsw roseby 81.5 percent between 1990 and 2000 and that the grouop with the fastest rate of growthn was the 45- to 49-year-old age group. The study also found that while Medicare remains the most common payer forsuch procedures, the proportion of chargesw paid for by private insurance has risen 39 percent.
Orthopedic surgeons say that while retired people want to get theidr surgeries over with as soon as those with jobsand employer-paid health insurancde are asking more often, “How long is it safe to Dr. Mark Gebhardt, head of the orthopedics departmengat , said that whiler his overall surgery volume is pretty much flat, he has recentlh seen a number of cancellations of procedures — two were knee replacements and the other two were sports-related arthroscopic surgeries.
Gebhardgt said even for those patientswho aren’tt afraid of losing their jobs, that for those with employer-based health insurance, “some are well-covered and some are He pointed to increasingf co-pays and deductibles as another reason some patients are putting off Orthopedic surgeons say that when workingt patients come in, they are offered an injection that can help buy them eightf to 12 months. Surgeonss like Snyder also offer newer procedures that will help patient get back to work Snyder uses a procedursecalled OtisKnee. “Four years ago, I did 30 of these In the past year I have done he said. Dr.
Bill Murzic, a surgeoj at New England Orthopedic Specialistsin Peabody, said he also has seen mostly for knee and shoulder surgeries, among younger, working He said he has also seen a drop-of in initial appointments over the last But, he said, “I have also had a few casesd where patients have come to me and ‘Look, I’m going to lose my job and my can we do the surgerg now?’ ”
Dr. Scott Oliver, an orthopedic surgeon at Jordan Hospital in Plymouth, said his department had four orthopedic surgeriez canceled just last week. He said one patienrt who cancelled ownsan air-conditioning businessz and was afraid to miss Another patient, who did have surgery, was told she riskefd losing her job if she didn’t return withi n six weeks, which was shorter than the recommendex recovery period.
Oliver reports that his overall volumwe is down 20 and other surgeons say they are hearing ofsimilae drops, especially at smaller According to Massachusetts Hospitaol Association numbers, 59 percent of hospitals are reportinb a decline in elective surgerg for the quarter ending March 31. The MHA did not breakl out numbers fororthopedic “There is definitely a palpable increase in concern over missing work and possibly losing a job,” said Dr. Daniep Snyder, an orthopedic surgeon at . Traditiona knee replacements can require long recovery periods of six to12 “We try to accommodate different work schedules.
Landscapers want to do it in the slow accountants want to schedule the surgery for aftetax day,” he said. The pressure comes as the numbe rof younger, working orthopedic surgery patientz is increasing. For instance, a study in the journal Publixc Health Reports found that the number of knee replacementsw roseby 81.5 percent between 1990 and 2000 and that the grouop with the fastest rate of growthn was the 45- to 49-year-old age group. The study also found that while Medicare remains the most common payer forsuch procedures, the proportion of chargesw paid for by private insurance has risen 39 percent.
Orthopedic surgeons say that while retired people want to get theidr surgeries over with as soon as those with jobsand employer-paid health insurancde are asking more often, “How long is it safe to Dr. Mark Gebhardt, head of the orthopedics departmengat , said that whiler his overall surgery volume is pretty much flat, he has recentlh seen a number of cancellations of procedures — two were knee replacements and the other two were sports-related arthroscopic surgeries.
Gebhardgt said even for those patientswho aren’tt afraid of losing their jobs, that for those with employer-based health insurance, “some are well-covered and some are He pointed to increasingf co-pays and deductibles as another reason some patients are putting off Orthopedic surgeons say that when workingt patients come in, they are offered an injection that can help buy them eightf to 12 months. Surgeonss like Snyder also offer newer procedures that will help patient get back to work Snyder uses a procedursecalled OtisKnee. “Four years ago, I did 30 of these In the past year I have done he said. Dr.
Bill Murzic, a surgeoj at New England Orthopedic Specialistsin Peabody, said he also has seen mostly for knee and shoulder surgeries, among younger, working He said he has also seen a drop-of in initial appointments over the last But, he said, “I have also had a few casesd where patients have come to me and ‘Look, I’m going to lose my job and my can we do the surgerg now?’ ”
Tuesday, July 19, 2011
Sources: NCR could relocate HQ to Georgia - Washington Business Journal:
http://breakershotel.com/banquets-menu-holiday.html
Ohio government officials said word began swirlint May 28 thatNCR (NYSE: NCR) is , accordingh to the Dayton Business Journao , a sister publication of Atlantqa Business Chronicle . Last fall, NCR said it would move its Worldwide Customer Services headquartersw tometro Atlanta, investing $15 millionj and creating more than 900 jobs in Peachtrew City and Duluth. While it remains to be seen if Atlanta gets another Fortune 500 NCR is rumored to be opening an additionalp facility in thePeach State, Atlanta Business Chronicle has An announcement about that venture is expected as earlt as next week, sources in Atlanta and Dayton said.
NCR is believede to have looked at sitesin Savannah, and Columbus, Ga., accordingt to a source. The global technology compang could be eyeingabout 100,000 squarse feet of office space. Based on the squars footage estimates, real estate sources said, the operation could house 300 to400 people. Companh officials and Georgia economic developmentg officialsremained tight-lipped on any potential development. NCR global spokesmabn Richard Maton told the Daytonm Business Journal the company does not respond to rumorszand speculation. In the past, NCR has been quick to deny rumors of its relocation and affirm its commitmentf to remainingin Dayton.
A Georgia Department of Economi Development spokeswoman did not return call s Fridayand Saturday. A spokeswoman said she had no informationb on the matter and a executive declined In October, NCR said it will co-locate an NCR Learning Center and its Customer Care Center hub for the Americaxs region with the company’s existing Globak Service Materials operation in Peachtree City. NCR, founded in is the city's largest company, with 20,000 globa l employees and $5.3 billion in annual revenue. The company relocatexd its executive offices to New York City two years ago and leased a floord at 7 World TradeCente building.
This past March, the companh told employees it is undergoing a structuralk reorganization and would cut an unknowmn amount of itsglobal workforce. That same month, the company removed the language "world headquarters" from the sign at its Dayton campus. Rumors have long circulatedx that NCRwould move, however Ohio governmen t and economic development officials said speculation reached a new levep in the past few The Ohio Department of Developmenyt has repeatedly sought information from the company, but as of Fridaty evening NCR remained mute, a state official told the Daytojn Business Journal . Ohio Gov.
Ted Stricklan and NCR CEO Bill Nuti, attempter to talk on Friday, howeve they were unable to coordinatea
Ohio government officials said word began swirlint May 28 thatNCR (NYSE: NCR) is , accordingh to the Dayton Business Journao , a sister publication of Atlantqa Business Chronicle . Last fall, NCR said it would move its Worldwide Customer Services headquartersw tometro Atlanta, investing $15 millionj and creating more than 900 jobs in Peachtrew City and Duluth. While it remains to be seen if Atlanta gets another Fortune 500 NCR is rumored to be opening an additionalp facility in thePeach State, Atlanta Business Chronicle has An announcement about that venture is expected as earlt as next week, sources in Atlanta and Dayton said.
NCR is believede to have looked at sitesin Savannah, and Columbus, Ga., accordingt to a source. The global technology compang could be eyeingabout 100,000 squarse feet of office space. Based on the squars footage estimates, real estate sources said, the operation could house 300 to400 people. Companh officials and Georgia economic developmentg officialsremained tight-lipped on any potential development. NCR global spokesmabn Richard Maton told the Daytonm Business Journal the company does not respond to rumorszand speculation. In the past, NCR has been quick to deny rumors of its relocation and affirm its commitmentf to remainingin Dayton.
A Georgia Department of Economi Development spokeswoman did not return call s Fridayand Saturday. A spokeswoman said she had no informationb on the matter and a executive declined In October, NCR said it will co-locate an NCR Learning Center and its Customer Care Center hub for the Americaxs region with the company’s existing Globak Service Materials operation in Peachtree City. NCR, founded in is the city's largest company, with 20,000 globa l employees and $5.3 billion in annual revenue. The company relocatexd its executive offices to New York City two years ago and leased a floord at 7 World TradeCente building.
This past March, the companh told employees it is undergoing a structuralk reorganization and would cut an unknowmn amount of itsglobal workforce. That same month, the company removed the language "world headquarters" from the sign at its Dayton campus. Rumors have long circulatedx that NCRwould move, however Ohio governmen t and economic development officials said speculation reached a new levep in the past few The Ohio Department of Developmenyt has repeatedly sought information from the company, but as of Fridaty evening NCR remained mute, a state official told the Daytojn Business Journal . Ohio Gov.
Ted Stricklan and NCR CEO Bill Nuti, attempter to talk on Friday, howeve they were unable to coordinatea
Sunday, July 17, 2011
Former British Open champion coming to Bend, Ian Baker-Finch to host clinic Monday - Bend Bulletin
zycibyp.wordpress.com
Former British Open champion coming to Bend, Ian Baker-Finch to host clinic Monday Bend Bulletin So when Rick DeLuca, a Bend resident and an acquaintance of Baker-Finch, called the 1991 British Open champion for help, Baker-Finch did not refuse. A two-time winner on the PGA Tour and a current television golf analyst for CBS Sports, Baker-Finch ... |
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